From the early years of trading consumables to recent contributions to India’s economy via investment, joint ventures and bids for infrastructure projects, Chinese companies are reaching far corners of Indian economic terrain.

Economic reform has been the key instrument to elevate growth performance, but it always carries larger development ramifications in both India and China. However, their reform measures, strategies and implementation vary widely.

On January 16, 2019, the World Tourism Cities Federation (WTCF) and the Tourism Research Center, Chinese Academy of Social Sciences (TRC-CASS) jointly released the Report on World Tourism Economy Trends 2019.